YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Sets New 52-Week Low – Here’s What Happened

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) reached a new 52-week low during trading on Friday . The company traded as low as $7.69 and last traded at $7.73, with a volume of 4220029 shares trading hands. The stock had previously closed at $8.34.

YieldMax COIN Option Income Strategy ETF Price Performance

The business has a 50-day simple moving average of $10.99 and a 200 day simple moving average of $13.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors bought a new position in shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,490 shares of the company’s stock, valued at approximately $137,000. Captrust Financial Advisors owned about 0.06% of YieldMax COIN Option Income Strategy ETF as of its most recent SEC filing.

YieldMax COIN Option Income Strategy ETF Company Profile

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.